snippet from an AFR article this afternoon. Rare earths miners...

snippet from an AFR article this afternoon.

Rare earths miners outside China may also attract takeover attention as they’re strategically important to Western interests, given China’s domination of the supply chain, Sala Tenna says.In 2019, investment conglomerate Wesfarmers failed in a bid for ASX-listed Lynas, which has mines in Malaysia and Western Australia.Sala Tenna says Lynas’ strong outlook and strategic importance could attract renewed attention from big players in 2024 due to its quality assets, although the Foreign Investor Review Board permission is a potential obstacle to overseas bidders.AdvertisementSpencer says to watch speculative rare earths junior Meteoric Resources. It boasts a $390 million market cap thanks to tenements in Brazil and Western Australia, with the stock up from 1¢ to 20¢ in 12 months.